Question

Find the selling price, when cost price = Rs.2500, profit = 12%



explain with formula please

Answer 1

Step-by-step explanation:

Here, the cost price is less than the selling price, so there will be profit.

We know,

Profit % =C.P profit ×100

Profit =3000−2500=500

Profit % = 2500

500 ×100

=20%